Armistice Capital LLC Makes New Investment in Intel Corporation $INTC

Key Points

• Armistice Capital LLC acquired a new stake in Intel Corporation by purchasing 20,603 shares valued at approximately $468,000 in the first quarter of the year.
• Several large investors, including Cornerstone Advisory and Verdence Capital Advisors, have increased their positions in Intel, indicating growing institutional interest in the company.
• Intel recently reported a quarterly EPS of (0.10), missing estimates, while its revenue of $12.86 billion exceeded expectations, though the company faces challenges with a negative return on equity and net margin.

Armistice Capital LLC purchased a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 20,603 shares of the chip maker's stock, valued at approximately $468,000.

Several other large investors also recently bought and sold shares of INTC. Toronto Dominion Bank increased its holdings in shares of Intel by 286.8% in the 4th quarter. Toronto Dominion Bank now owns 10,529,354 shares of the chip maker's stock valued at $211,114,000 after acquiring an additional 7,806,882 shares during the last quarter. 180 Wealth Advisors LLC increased its holdings in shares of Intel by 124.9% in the 1st quarter. 180 Wealth Advisors LLC now owns 127,916 shares of the chip maker's stock valued at $2,905,000 after acquiring an additional 71,049 shares during the last quarter. Gordian Capital Singapore Pte Ltd increased its holdings in shares of Intel by 120.7% in the 4th quarter. Gordian Capital Singapore Pte Ltd now owns 64,000 shares of the chip maker's stock valued at $1,282,000 after acquiring an additional 35,000 shares during the last quarter. Fluent Financial LLC purchased a new position in shares of Intel in the 1st quarter valued at about $530,000. Finally, GF Fund Management CO. LTD. purchased a new position in shares of Intel in the 4th quarter valued at about $16,389,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Stock Performance

NASDAQ:INTC traded down $0.58 during mid-day trading on Monday, reaching $24.35. 63,398,527 shares of the stock were exchanged, compared to its average volume of 137,706,432. The company has a 50 day simple moving average of $22.56 and a 200-day simple moving average of $21.85. The stock has a market capitalization of $106.58 billion, a P/E ratio of -5.10 and a beta of 1.23. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $27.55.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). The firm had revenue of $12.86 billion for the quarter, compared to analysts' expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on INTC shares. Citigroup reiterated a "hold" rating on shares of Intel in a report on Tuesday, July 8th. JPMorgan Chase & Co. increased their price objective on Intel from $20.00 to $21.00 and gave the company an "underweight" rating in a report on Friday, July 25th. Wall Street Zen downgraded Intel from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Mizuho increased their price objective on Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a report on Thursday, July 3rd. Finally, Benchmark reiterated a "hold" rating on shares of Intel in a report on Friday, July 25th. One analyst has rated the stock with a Buy rating, twenty-two have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Reduce" and a consensus price target of $22.17.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.